Skip to content

Farrer & Co | Drawing the strands together (again) – a guide to the new UK property tax regime

Over the past 4 years the UK government has:

  • introduced new taxes on high value residential property held by companies;
  • significantly increased certain taxes on UK residential property; 
  • andintroduced an extension of capital gains tax (CGT) to non-residents disposing of residential property.

More recently, the government has also published consultation documents on introducing a new 3% additional charge to stamp duty land tax (SDLT) from 1 April 2016; and bringing all UK residential property, however held, into the scope of inheritance tax (IHT) from 6 April 2017

The purpose of this briefing is to draw the strands together, again.

This briefing only considers residential property and is structured around the lifecycle of property ownership: first buying a property, then keeping it and finally selling it.  It assumes that the ultimate owner has a foreign domicile.

Please click here to read the briefing in full. 

If you require further information on anything covered in this briefing please contact Nick Dunnell (; +44 (0)20 3375 7573), Russell Cohen (; +44 (0)20 3375 7144); Holly Jones (; +44 (0)20 3375 7304) or your usual contact at the firm on +44 (0)20 3375 7000.

This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.

© Farrer & Co LLP, January 2016

Drawing the strands together (again) - a guide to the new UK property tax regime.pdf322kB

This site uses cookies to help us manage and improve the website and to analyse how visitors use our site. By continuing to use the website, you are agreeing to our use of cookies. For further information about cookies, including about how to change your browser settings to no longer accept cookies, please view our Cookie Policy. Click for more info